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New steel coil capacity may shrink record-high US prices
The prospect of more than 5 million tons of additional flat-rolled steel production starting up in the United States by the end of this year has convinced some market participants that the current run of all-time record-high sheet prices must come to a screeching halt by summer.
February 12, 2021
·
By the Fastmarkets team
Insights
MORNING VIEW: Base metals prices tread water while Greater China markets are closed
With Greater China on holiday, base metals trading on the London Metal Exchange has been quiet this morning, Friday February 12, with prices little changed and trading volumes light - but so far prices are holding up in high ground.
February 12, 2021
·
By William Adams
Insights
Ukrainian grain export passes 30 million mt, 20.5% down y-on-y
Weekly grain exports from Ukraine reached almostВ 1.3 million mt this week, to take the total for the marketing year to 30.1...
February 12, 2021
·
By Masha Belikova
Insights
Arg. corn estimate kept at 46m mt as harvest begins: BAGE
Argentina’s corn production for the 2020/21 marketing year is set to hit 46 million mt, 5.5 million mt below the...
February 11, 2021
·
By Fastmarket team
Insights
MORNING VIEW: Base metals prices consolidate in quiet conditions as China celebrates Lunar New Year
With markets in China and much of Southeast Asia closed on Thursday February 11 ahead of Lunar New Year, trading on the London Metal Exchange this morning has been quiet with the base metals ranged between being down by 0.3% and up by 0.2%.
February 11, 2021
·
By William Adams
Insights
American manufacturing group seeks end to Section 232 tariffs
The Coalition of American Metal Manufacturers and Users (CAMMU) is calling on United States President Joe Biden to end the Section 232 steel and aluminium tariffs, a position that puts it at odds with groups representing domestic steel producers.
February 11, 2021
·
By Michael Roh
Insights
INFOGRAPHIC: How do low-carbon aluminium differentials work?
Fastmarkets will publish its first low-carbon aluminium differentials on Friday March 5, one for primary aluminium (P1020A) and one for aluminium value-added products (VAP).
February 10, 2021
·
Insights
Iron ore’s critical role in decarbonizing steelmaking
Iron ore plays a critical role in decarbonizing steelmaking. What does greener steel mean for global iron ore markets? And what part will China play in driving change? Our global steel and iron experts weigh in.
February 10, 2021
·
Insights
Trafigura to set up Toronto trading office – sources
Trafigura is set to open an office in Toronto, Canada, to help foster links with mining companies based in the region, sources told Fastmarkets.
February 10, 2021
·
Insights
China turns to imported copper blister, cathode while scrap loses luster in 2020 [CORRECTED]
China increased refined and unrefined copper imports by over 31% year on year in 2020, whereas scrap inflow shrank significantly, reflecting the import policy change for waste products that came into force at the end of the year.
February 10, 2021
·
By Julian Luk
Insights
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